Four charged with fraud scheme that targeted seniors - The Times Herald


Allentown Morning Call
Four charged with fraud scheme that targeted seniors
The Times Herald
By the Office of the Pennsylvania Attorney General HARRISBURG — Agents from the Attorney General's Insurance Fraud Section and Elder Abuse Unit have filed criminal charges against four Philadelphia area men accused of operating an elaborate financial ...
Four Face Charges in 'Operation False Comfort' Gant Daily
State AG: 7 Yorkers were victims of scheme Yorkdispatch.com
4 charged in fraud scheme that targeted senior citizens Lebanon Daily News
phillyBurbs.com - Citizens Voice - Essential Public Radio
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Zurich Insurance Shuffles Management At General Insurance Unit - Fox Business

Zurich Insurance Shuffles Management At General Insurance Unit
Fox Business
ZURICH – Zurich Insurance Group AG (ZURN.VX) said Tuesday it was making management changes at its general insurance business. Claudia Dill, who has worked at Zurich for 13 years, becomes Chief Operating Officer in general insurance, effective July 1.
Zurich makes GI appointments Insurance Daily

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TEXT-Fitch rates AIG's new snr unsecured notes 'BBB' - Reuters

TEXT-Fitch rates AIG's new snr unsecured notes 'BBB'
Reuters
Proceeds from the issue will be used for general corporate purposes, including refinancing of debt maturing in 2013. The new issuance, coupled with recent share repurchase activity will increase AIG's pro forma financial leverage ratio (excluding ...

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TEXT-Fitch puts Old Republic International watch positive - Reuters

TEXT-Fitch puts Old Republic International watch positive
Reuters
R. Scott Rager, president of Old Republic General Insurance Company, will assume additional responsibilities as ORI's president. Once all phases of the spin-off are completed, Fitch believes that liquidity concerns at ORI will be diminished ...
Old Republic Announces the Filing of a Form 10 Registration Statement by its ... PR Newswire (press release)

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General insurance biz to break even this year - Moneycontrol.com


Moneycontrol.com
General insurance biz to break even this year
Moneycontrol.com
“If you look at the life insurance business, though new business premiums have fallen, this is the first year we made profits of Rs 373 crore,” said Ghosh. It is in general insurance that the company failed to post profits. “We showed a loss primarily ...
Reliance Capital 4Q Net Profit At INR3.29B MarketWatch

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Maryland's State-Run WC Insurer IWIF to Become Private Nonprofit Co. - Insurance Journal


Citybizlist (press release)
Maryland's State-Run WC Insurer IWIF to Become Private Nonprofit Co.
Insurance Journal
Under SB 745, Chesapeake Employers' Insurance Company comes into existence on Oct. 1, 2013. Therefore, the $50 million will be transferred to the state before IWIF is converted into Chesapeake Employers' Insurance Company,” IWIF General Counsel Dennis ...
IWIF to Convert into Nonprofit Chesapeake Employers' Insurance Company Citybizlist (press release)
Maryland's IWIF to become private, changing name Baltimore Business Journal

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Utah Medicaid inspector recoups $10 million in taxpayer funds - Salt Lake Tribune

Utah Medicaid inspector recoups $10 million in taxpayer funds
Salt Lake Tribune
Medicaid is a state and federally funded program that provides health insurance to about 230000 low-income Utahns. Lee Wyckoff is Utah's first Medicaid inspector general, a post created a year ago this month. He took the job Aug.

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